Bringing you live news and features since 2006 

First Eagle launches retirement share classes for mutual funds

RELATED TOPICS​

First Eagle Investment Management has launched a suite of retirement share classes for its mutual fund line-up.

The new R3, R4, R5 and R6 shares, available for purchase on 1 March 2017, represent a transparent and complementary menu of pricing options from which retirement plan fiduciaries can choose the share class most suited to the needs of their plan.
 
The new retirement share classes are available without investment minimums or front-end sales charges and offer varying levels of intermediary compensation, including 12b-1 and sub-TA fees. The R6 shares do not include any form of intermediary compensation and represent the lowest-cost offering among the newly launched shares.
 
“By introducing share classes that are dedicated to group retirement plans, we are continuing our commitment to this important market,” says Mike Rosenberg, head of retirement investment solutions at First Eagle. “I am excited that plan fiduciaries will have access to our investment solutions through share classes of their choice that address their specific needs. This brings us a step closer in our quest to help American savers with investment strategies that aim to deliver attractive returns, preserve purchasing power and provide downside protection.”

Latest News

Fidelity International has announced the launch of the Fidelity Global Government Bond Climate Aware UCITS ETF, expanding its climate-focused ETF..
ETFs in Europe gathered net inflows of USD8.61 billion during February, bringing year-to-date net inflows to USD27.94 billion, according to..
Global ETFs gathered USD19.96 billion in net inflows during February bringing year to date net inflows to USD79.79 billion, according..
Since Thursday, four new ETFs issued by Xtrackers are tradable on Xetra and via the trading venue Börse Frankfurt...

Related Articles

Off the Record Episode 1
ETF Express is pleased to announce the launch of Off the Record, a new podcast series, in partnership with Truss...
flows9
February ETF flow figures from iShares at BlackRock reveal that inflows into global ETPs were moderate for a fifth consecutive...
Noel Archard, AllianceBernstein
Noel Archard has been in position as the global head of ETFs at AllianceBernstein for just over a year and...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by